HC Deb 05 February 1968 vol 758 cc37-8W
Mrs. Ewing

asked the Chancellor of the Exchequer in how many public companies the Government holds a majority of shares and between 25 per cent. and 51 per cent. of the shares, respectively; and if he will name each company, indicating in each case the share holding.

Mr. Diamond

The following is the information required:

Company Percentage of equity
Per cent.
British Petroleum Co. Ltd. 48.9
Cable and Wireless Ltd. 100
Itabira Iron Ore Co. Ltd. 100
Fairfields (Glasgow) Ltd. 50*
Short Bros. and Harland Ltd. 69.5
Power Jets (R & D) Ltd. 100
Toplis & Harding (Middle East) Ltd. 99.8
* It is intended to convert this into a 17½ per cent. holding in Upper Clyde Shipbuilders Ltd.